about selling goods received from a non-excisable mfg.

[MEHUL ASHAR]

Respected Sir,

                          How to sale goods received as sales return from a non-excisable manufacturer?Can I take credit on the vat invoice he has sent to me about the part quantity he has sent to me alongwith the 'Duplicate for Transporter copy' of mine.

[JSWSEVERFIELD STRUCTURESLIMITED]

Dear Mehul,

If it is a excisable goods you may have to sell charging Excise Duty. And also you can avail Cenvat Credit on the goods what the mfg. has sent based on DFT copy. and also you can avail VAT credit if the sale has taken place in the same state.

AI Summary

Procedure for Selling Returned Goods: Excise Duty and Cenvat Credit on Excisable Items, VAT Credit for In-State Sales. A user inquired about the procedure for selling goods received as sales returns from a non-excisable manufacturer and whether they could take credit on the VAT invoice for the returned goods. The response indicated that if the goods are excisable, they should be sold with excise duty, and Cenvat Credit can be availed based on the Duplicate for Transporter copy. Additionally, VAT credit can be claimed if the sale occurs within the same state.